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STEM Education in Accounting Act
3/14/2024, 12:19 AM
Summary of Bill S 1705
Bill 118 s 1705, also known as the STEM Education in Accounting Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to promote and support the integration of science, technology, engineering, and mathematics (STEM) education in the field of accounting.
The bill aims to enhance the skills and knowledge of students pursuing accounting degrees by incorporating STEM principles into their curriculum. This will help students develop a strong foundation in critical thinking, problem-solving, and analytical skills, which are essential for success in the accounting profession.
Additionally, the STEM Education in Accounting Act seeks to increase diversity and inclusion in the accounting industry by providing opportunities for underrepresented groups, such as women and minorities, to pursue careers in accounting through STEM education. Overall, this bill aims to strengthen the accounting profession by equipping students with the necessary skills and knowledge to succeed in a rapidly evolving and technology-driven industry. It also aims to promote diversity and inclusion in the accounting field, ensuring that all individuals have equal opportunities to pursue a career in accounting.
The bill aims to enhance the skills and knowledge of students pursuing accounting degrees by incorporating STEM principles into their curriculum. This will help students develop a strong foundation in critical thinking, problem-solving, and analytical skills, which are essential for success in the accounting profession.
Additionally, the STEM Education in Accounting Act seeks to increase diversity and inclusion in the accounting industry by providing opportunities for underrepresented groups, such as women and minorities, to pursue careers in accounting through STEM education. Overall, this bill aims to strengthen the accounting profession by equipping students with the necessary skills and knowledge to succeed in a rapidly evolving and technology-driven industry. It also aims to promote diversity and inclusion in the accounting field, ensuring that all individuals have equal opportunities to pursue a career in accounting.
Congressional Summary of S 1705
STEM Education in Accounting Act
This bill authorizes states and local educational agencies (LEAs) to use grant funds provided through the Student Support and Academic Enrichment Program for accounting education. In particular, LEAs may use these grant funds to implement programs to teach accounting, including by increasing access to high-quality accounting courses through 12th grade for students who are members of underrepresented groups.
Read the Full Bill
Current Status of Bill S 1705
Bill S 1705 is currently in the status of Bill Introduced since May 18, 2023. Bill S 1705 was introduced during Congress 118 and was introduced to the Senate on May 18, 2023. Bill S 1705's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S1749) as of May 18, 2023
Bipartisan Support of Bill S 1705
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
4Republican Cosponsors
2Unaffiliated Cosponsors
2Policy Area and Potential Impact of Bill S 1705
Primary Policy Focus
EducationAlternate Title(s) of Bill S 1705
STEM Education in Accounting Act
STEM Education in Accounting Act
A bill to amend the Student Support and Academic Enrichment Grant program to promote career awareness in accounting as part of a well-rounded STEM educational experience.
Comments
Sponsors and Cosponsors of S 1705
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